Colorado · FHA Home Loans · 50+ Lenders
FHA Home Loans
Colorado
Government-backed financing built for real buyers
Robert Castle shops 50+ national lenders to find your best FHA rate — low down payment, flexible credit, faster closing since 1997.
3.5% Down Payment
50+ Lenders Shopped
580+ Credit Score
No Hard Pull to Start
25+ Years Experience
24-Hr Pre-Approval
3.5%Min. Down
50+Lenders
580+Credit Score
27+Years Exp.
4.9★Rated
Why FHA
Why Choose an FHA Loan in Colorado?
FHA loans are government-backed mortgages insured by the Federal Housing Administration — designed to make homeownership accessible to more Colorado buyers. Whether you’re a first-time buyer, rebuilding credit, or working with a modest down payment, FHA opens doors that conventional lending sometimes closes.
Robert Castle shops your file across 50+ national wholesale lenders to find the most competitive FHA rate — one call, one soft pull, multiple offers.
As little as 3.5% down for qualifying buyers
Credit scores as low as 580 may qualify
Great option for first-time homebuyers
Gift funds allowed for down payment & closing costs
Flexible debt-to-income ratio up to ~57%
Robert shops 50+ lenders for your best rate
FHA Streamline Refinance available for existing borrowers
Rate locked fast — Robert guides you every step
Qualification
FHA Loan Requirements in Colorado
Most Colorado buyers will need to meet these general FHA guidelines. Every situation is different — Robert works with lenders who offer flexibility where banks won’t.
Min. Credit Score580+500–579 with 10% down in some cases
Down Payment3.5%Gift funds from family allowed
Max DTI Ratio~57%More flexible than conventional
2026 FHA Floor$541,287Standard counties · single-family
FHA loans require mortgage insurance premiums (MIP) — 1.75% upfront plus 0.55% annually. For buyers with lower credit or smaller down payments, the FHA rate advantage often offsets the MIP cost. Robert will run the numbers for your exact situation. Compare to conventional loans →
The Process
Getting Your FHA Loan With Robert Castle
01
Free Consultation
Call Robert or submit a quote. He reviews your credit, income, and goals — no hard pull, no obligation.
02
Shop 50+ FHA Lenders
Robert submits your profile to 50+ national wholesale FHA lenders and finds your best rate and terms today.
03
Pre-Approval Letter
Once you choose your loan, Robert processes your application fast. Pre-approval letters often within 24–48 hours.
04
Processing & Underwriting
Robert coordinates with the FHA lender, keeps your file moving, and keeps you updated — no closing day surprises.
05
Close & Get Your Keys
Sign your documents, collect your keys. Robert stays available through closing and beyond.
Eligibility
Who Is an FHA Loan Right For?
Great FHA Candidates
FHA Works Well When…
- You are buying your first home in Colorado
- Your credit score is between 580 and 680
- You have less than 10–20% saved for down payment
- You have higher debt relative to income
- You want to use gift funds for your down payment
- You are recovering from past credit issues
Consider Conventional When…
Conventional May Save More
- Your credit score is 700+ and income is solid
- You have 20%+ down — no PMI needed
- You want PMI removed at 20% equity automatically
- Your loan amount exceeds FHA limits
- You are buying a second home or investment property
- You want fewer property condition requirements
2026 FHA Limits
FHA Loan Limits by County — All 64 Colorado Counties
High-cost counties are highlighted in green. FHA limits range from $541,287 (floor) to $1,249,125 (ceiling) for single-family homes in 2026.
| County | 1-Unit | 2-Unit | 3-Unit | 4-Unit |
|---|---|---|---|---|
| Eagle ★ | $1,249,125 | $1,599,375 | $1,933,200 | $2,402,625 |
| Garfield ★ | $1,249,125 | $1,599,375 | $1,933,200 | $2,402,625 |
| Pitkin ★ | $1,249,125 | $1,599,375 | $1,933,200 | $2,402,625 |
| Grand ★ | $883,200 | $1,130,650 | $1,366,700 | $1,698,500 |
| Boulder ★ | $879,750 | $1,126,250 | $1,361,350 | $1,691,850 |
| Adams ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Arapahoe ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Broomfield ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Clear Creek ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Denver ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Douglas ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Elbert ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Gilpin ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Jefferson ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Park ★ | $862,500 | $1,104,150 | $1,334,700 | $1,658,700 |
| Gunnison ★ | $747,500 | $956,950 | $1,156,700 | $1,437,500 |
| Chaffee ★ | $713,000 | $912,750 | $1,103,350 | $1,371,150 |
| Routt ★ | $694,600 | $889,250 | $1,074,950 | $1,336,100 |
| Summit ★ | $694,600 | $889,250 | $1,074,950 | $1,336,100 |
| Lake ★ | $694,600 | $889,250 | $1,074,950 | $1,336,100 |
| Moffat ★ | $603,750 | $773,000 | $934,350 | $1,161,150 |
| San Miguel ★ | $575,250 | $736,600 | $890,500 | $1,106,700 |
| Hinsdale ★ | $563,500 | $721,400 | $872,000 | $1,083,650 |
| El Paso | $541,650 | $693,400 | $838,150 | $1,041,650 |
| Alamosa | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Archuleta | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Baca | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Bent | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Cheyenne | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Conejos | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Costilla | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Crowley | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Custer | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Delta | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Dolores | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Fremont | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Huerfano | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Jackson | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Kiowa | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Kit Carson | $541,287 | $693,050 | $837,700 | $1,041,125 |
| La Plata | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Larimer | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Las Animas | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Lincoln | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Logan | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Mesa | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Mineral | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Montezuma | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Montrose | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Morgan | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Otero | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Ouray | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Phillips | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Prowers | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Pueblo | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Rio Blanco | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Rio Grande | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Saguache | $541,287 | $693,050 | $837,700 | $1,041,125 |
| San Juan | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Sedgwick | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Teller | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Washington | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Weld | $541,287 | $693,050 | $837,700 | $1,041,125 |
| Yuma | $541,287 | $693,050 | $837,700 | $1,041,125 |
| ★ High-cost county · Source: HUD.gov · Effective January 1, 2026 · Always verify current limits at hud.gov before making an offer | ||||
Side by Side
FHA vs. Conventional — Quick Comparison
| Feature | FHA Loan | Conventional Loan |
|---|---|---|
| Min. Credit Score | 580 (3.5% down) | 620+ |
| Min. Down Payment | 3.5% | 3% |
| Mortgage Insurance | Required (MIP) | PMI only if <20% down |
| MIP Removal | Typically life of loan | Removed at 20% equity |
| DTI Flexibility | Up to ~57% | ~45% |
| Gift Funds Allowed | Yes — full down payment | Yes — partial |
| Property Standards | Stricter appraisal rules | More flexible |
| 2026 Limit (CO floor) | $541,287 | $832,750 |
| Second Homes / Investment | Primary residence only | Yes |
| Data reflects general 2026 guidelines · Individual lender requirements may vary · HUD.gov | ||
FAQ
FHA Loan Questions Answered
Most FHA lenders require a minimum score of 580 for 3.5% down. Scores between 500–579 may still qualify with 10% down. Robert shops multiple FHA lenders to find the one that fits your credit profile best.
Yes — FHA allows 100% of your down payment to come from gift funds from a family member, close friend, or approved organization. A gift letter documenting the source is required.
For most FHA loans with less than 10% down, MIP lasts the life of the loan. With 10%+ down it drops off after 11 years. Once you build equity, refinancing to a conventional loan can eliminate MIP entirely — Robert can help you plan that transition.
The FHA floor for most Colorado counties is $541,287 in 2026. High-cost counties like Eagle, Garfield, and Pitkin go up to $1,249,125. Denver metro counties sit at $862,500. See the full county table above for your specific county limit.
Yes — existing FHA borrowers may qualify for an FHA Streamline Refinance, which requires minimal documentation and no new appraisal in most cases. You can also refinance into a conventional loan to remove MIP once you have enough equity.
Banks offer only their own FHA rate. Robert shops your file across 50+ national wholesale FHA lenders simultaneously — one soft pull, multiple competing offers. That competition almost always means a lower rate and better terms than any single bank can offer.
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FHA Rate in Colorado?
Robert shops 50+ national FHA lenders and delivers your best rate in one conversation — no hard pull, no pressure.
FHA & Conventional · Colorado 2026
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(970) 690-3883
Free Consultation · No Obligation
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FHA & Conventional · Colorado 2026
Mortgage Payment Calculator
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Enter a rate between 1 – 15%
$
Loan amount cannot exceed purchase price
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Est. Monthly Payment
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Enter details and click Calculate
One Call · One Pull · Best Rate
Get Your Free Rate Quote
(970) 690-3883
Free Consultation · No Obligation
castle@excelfg.com
Mon – Fri · 8am – 5pm MT
50+ National Wholesale Lenders
One soft pull · Zero score impact